LECO vs. MAS: Lincoln Electric vs. Masco Stock Comparison

November 11, 2026

How do Lincoln Electric (LECO) and Masco (MAS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Lincoln Electric (LECO) and Masco (MAS) both fall under the Capital Goods industry group, but LECO is classified in Machinery while MAS is classified in Building Products.

Company profile comparison for Lincoln Electric (LECO) and Masco (MAS)
Profile Item	LECO	MAS
Name	Lincoln Electric Holdings, Inc.	Masco Corporation
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Machinery	Building Products
GICS Sub-Industry	Industrial Machinery & Supplies & Components	Building Products
Market Capitalization	14.91 billion USD	15.85 billion USD
Currency	USD	USD
Exchange	Nasdaq	NYSE
Listing Date	April 7, 1994	March 17, 1980
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

LECO

MAS

GSPC

Lincoln Electric (LECO) vs. Masco (MAS), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Lincoln Electric (LECO) and Masco (MAS). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Lincoln Electric (LECO) and Masco (MAS). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Lincoln Electric (LECO) and Masco (MAS)
Metric	LECO	MAS
Total Return (1Y)	27.30%	40.92%
Total Return (3Y, Annualized)	17.31%	17.66%
Total Return (5Y, Annualized)	16.33%	7.57%

Risk Profile

Drawdown History

LECO

MAS

GSPC

Lincoln Electric (LECO) vs. Masco (MAS), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Lincoln Electric (LECO) and Masco (MAS). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Lincoln Electric (LECO) and Masco (MAS)
Metric	LECO	MAS
Volatility (1Y, Annualized)	31.13%	36.68%
Beta (5Y)	1.17	1.19
Max Drawdown (5Y)	-34.29%	-37.95%
Avg. Volume (3M)	409.99K	2.20M

Risk-Adjusted Performance

Risk-Return Positioning

LECO and MAS are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Lincoln Electric (LECO) and Masco (MAS)
Metric	LECO	MAS
Sharpe Ratio (1Y)	0.74	1.00
Sortino Ratio (1Y)	1.11	1.60

Profitability

ROE (TTM)

Capital efficiency shows on one side only: Lincoln Electric (LECO) earns 38.75% on shareholders’ equity, ranked against its industry; Masco (MAS) has no ROE this period.

LECO

Capital Goods industry group

38.75%

Max: 40.55%
LECO: 38.75%
Q3: 19.29%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

MAS

Capital Goods industry group

Max: 40.55%
Q3: 19.29%
Median: 12.12%
Q1: 4.08%
Min: -17.12%
MAS: --

Lincoln Electric (LECO) vs. Masco (MAS): MAS does not report ROE, so it has no value marker; LECO is benchmarked against the Capital Goods industry group.

Net Margin (TTM)

Lincoln Electric (LECO) at 12.40% retains a top-quartile share of revenue as profit, ahead of Masco (MAS) at 12.08%, which keeps about the industry-typical share.

LECO

Capital Goods industry group

12.40%

Max: 27.47%
LECO: 12.40%
Q3: 12.10%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

MAS

Capital Goods industry group

12.08%

Max: 27.47%
Q3: 12.10%
MAS: 12.08%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

Lincoln Electric (LECO) vs. Masco (MAS): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Both Lincoln Electric (LECO) at 18.29% and Masco (MAS) at 17.24% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

LECO

Capital Goods industry group

18.29%

Max: 36.60%
Q3: 18.33%
LECO: 18.29%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

MAS

Capital Goods industry group

17.24%

Max: 36.60%
Q3: 18.33%
MAS: 17.24%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

Lincoln Electric (LECO) vs. Masco (MAS): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Lincoln Electric (LECO) and Masco (MAS)
Metric	LECO	MAS
ROE (TTM)	38.75%	--
ROA (TTM)	13.32%	15.25%
Net Margin (TTM)	12.40%	12.08%
Operating Margin (TTM)	18.29%	17.24%
Gross Margin (TTM)	35.54%	36.61%

Growth

Revenue Growth

Lincoln Electric (LECO) at 5.60% is around its peer norm for revenue growth, while Masco (MAS) at -3.40% drops into the bottom quartile, signaling weaker demand or pricing momentum.

Lincoln Electric (LECO) vs. Masco (MAS): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Lincoln Electric (LECO) at 14.36% and Masco (MAS) at 2.66% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Lincoln Electric (LECO) vs. Masco (MAS): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Lincoln Electric (LECO) and Masco (MAS)
Metric	LECO	MAS
Revenue Growth (YoY)	5.60%	-3.40%
Revenue Growth (3Y CAGR)	4.02%	-4.49%
EPS Growth (YoY)	14.36%	2.66%
EPS Growth (3Y CAGR)	5.05%	2.07%

Financial Strength

Current Ratio (MRQ)

Both Lincoln Electric (LECO) at 1.91 and Masco (MAS) at 1.83 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

LECO

Capital Goods industry group

1.91

Max: 5.22
Q3: 2.95
Median: 2.08
LECO: 1.91
Q1: 1.43
Min: 0.36

MAS

Capital Goods industry group

1.83

Max: 5.22
Q3: 2.95
Median: 2.08
MAS: 1.83
Q1: 1.43
Min: 0.36

Lincoln Electric (LECO) vs. Masco (MAS): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Only one side’s leverage can be read here: Lincoln Electric (LECO) carries debt-to-equity ratio of 0.78 against its industry range, while Masco (MAS) reports no figure this period.

LECO

Capital Goods industry group

0.78

Max: 2.33
Q3: 1.12
LECO: 0.78
Median: 0.60
Q1: 0.29
Min: 0.00

MAS

Capital Goods industry group

Max: 2.33
Q3: 1.12
Median: 0.60
Q1: 0.29
Min: 0.00
MAS: --

Lincoln Electric (LECO) vs. Masco (MAS): MAS does not report debt-to-equity ratio, so it has no value marker; LECO is benchmarked against the Capital Goods industry group.

Financial Strength Metrics

Financial strength metrics for Lincoln Electric (LECO) and Masco (MAS)
Metric	LECO	MAS
Current Ratio (MRQ)	1.91	1.83
Debt / Equity (MRQ)	0.78	--
Net Debt / EBITDA	1.00	1.98

Dividends

Dividend Yield (TTM)

Both Lincoln Electric (LECO) at 1.16% and Masco (MAS) at 1.52% offer top-quartile dividend income relative to share price within their industries.

LECO

Capital Goods industry group

1.16%

Max: 2.66%
LECO: 1.16%
Q3: 1.14%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

MAS

Capital Goods industry group

1.52%

Max: 2.66%
MAS: 1.52%
Q3: 1.14%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

Lincoln Electric (LECO) vs. Masco (MAS): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Masco (MAS) at 27.55% pays out a band-typical share of earnings, while Lincoln Electric (LECO) at 30.30% distributes more than its industry norm — less retained, thinner cover.

LECO

Capital Goods industry group

30.30%

Max: 67.39%
LECO: 30.30%
Q3: 28.02%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

MAS

Capital Goods industry group

27.55%

Max: 67.39%
Q3: 28.02%
MAS: 27.55%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

Lincoln Electric (LECO) vs. Masco (MAS): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Lincoln Electric (LECO) and Masco (MAS)
Metric	LECO	MAS
Dividend Yield (TTM)	1.16%	1.52%
Dividend Payout Ratio (TTM)	30.30%	27.55%

Valuation

P/E Ratio (TTM)

Masco (MAS) at 17.84 sits in the cheaper P/E ratio quartile, while Lincoln Electric (LECO) at 26.40 is closer to its industry’s usual earnings multiple — a discount for MAS, though growth and earnings durability still matter.

LECO

Capital Goods industry group

26.40

Max: 59.38
Q3: 35.92
LECO: 26.40
Median: 25.41
Q1: 19.47
Min: 3.03

MAS

Capital Goods industry group

17.84

Max: 59.38
Q3: 35.92
Median: 25.41
Q1: 19.47
MAS: 17.84
Min: 3.03

Lincoln Electric (LECO) vs. Masco (MAS): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Lincoln Electric (LECO) at 3.21 and Masco (MAS) at 2.07 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

LECO

Capital Goods industry group

3.21

Max: 7.54
Q3: 3.76
LECO: 3.21
Median: 2.15
Q1: 1.03
Min: 0.03

MAS

Capital Goods industry group

2.07

Max: 7.54
Q3: 3.76
Median: 2.15
MAS: 2.07
Q1: 1.03
Min: 0.03

Lincoln Electric (LECO) vs. Masco (MAS): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Masco (MAS) reports a negative P/B ratio of -35.38, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Lincoln Electric (LECO) reports 9.59, ranking against industry peers normally.

LECO

Capital Goods industry group

9.59

Max: 9.66
LECO: 9.59
Q3: 5.00
Median: 3.12
Q1: 1.81
Min: -1.08

MAS

Capital Goods industry group

-35.38

Max: 9.66
Q3: 5.00
Median: 3.12
Q1: 1.81
Min: -1.08
MAS: -35.38

Lincoln Electric (LECO) vs. Masco (MAS): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Lincoln Electric (LECO) and Masco (MAS)
Metric	LECO	MAS
P/E Ratio (TTM)	26.40	17.84
P/S Ratio (TTM)	3.21	2.07
P/B Ratio (MRQ)	9.59	-35.38
Free Cash Flow Yield (TTM)	2.68%	5.15%